Photo: Lucid Motors
Although the second-quarter financial results were all doom and gloom, Lucid is not throwing the towel just yet. The bright spot in the presentation was the upcoming Gravity SUV, which is expected to be officially unveiled in November. Production will start in late 2024, with the first deliveries planned in 2025.
Lucid announced the Gravity SUV in 2020 when it promised to build one of the most advanced and luxurious electric vehicles on the market. Lucid Gravity will compete in a developing segment with the Tesla Model X, Mercedes-Benz EQS SUV, Audi Q8 e-tron, BMW iX, and the upcoming Cadillac Escalade IQ. Since we're three years away from the initial announcement, many wonder why Lucid needed so much time to start Gravity production.
During the second quarter earnings call, Lucid confirmed that the full unveiling of the Gravity SUV will occur during a dedicated event in November. The production of the electric seven-seater will start "in late 2024" at Lucid's production facility in Casa Grande, Arizona. The first deliveries will probably begin in 2025. By the time Lucid Gravity arrives, the market segment will be highly contested, while the volumes will not be very high. Could Lucid succeed in such a harsh environment, considering its financial woes?
The development of the Gravity SUV is in full swing, and Lucid hasn't been shy about showing the upcoming EV in its full glory. Not only did the testing prototypes have almost no camouflage, but they also bore a ten-inch inscription telling everyone the model's name. Unlike other carmakers, which try to hide everything, Lucid proudly offered its social media handles so that people learn more about the intriguing car. Part minivan, part SUV, the Lucid Gravity follows the latest trend in the luxury crossover segment, pioneered in Europe by the Renault Espace.
The Lucid Gravity is a seven-seater that promises to offer the driving dynamics of a sportscar and a longer driving range than any other electric SUV on the market. The Tesla Model X is currently the longest-range three-row electric SUV, with 348 miles (560 km). Rumor has it that Lucid will aim for more than 400 miles (640 km), which will be quite an achievement. I'm still unsure if this will remain true in 2025 when it will start deliveries. After all, the Cadillac Escalade IQ will be unveiled with Ultium technology on August 9, and efficiency and battery tech evolve at a fast pace.
Driving efficiency is Lucid's best bet, as the startup is the maker of the most efficient EV today. The Gravity SUV is built on the same Lucid Electric Advanced Platform (LEAP) architecture as the Air. It should benefit significantly from technological advancements since the sedan was developed. The Air Grand Touring offers an efficiency of 4.6 miles per kWh, but Gravity is a heavy SUV with less efficient aerodynamics.
Lucid Gravity will offer a new space concept, allowing the occupants to arrange the seats as they see fit. The system will provide flexible seating for five, six, or seven adults in two- and three-row seating configurations. Gravity will also feature what Lucid refers to as "new Glass Cockpit high-resolution displays powered by the next generation of Lucid UX."
During the second quarter earnings call, Lucid confirmed that the full unveiling of the Gravity SUV will occur during a dedicated event in November. The production of the electric seven-seater will start "in late 2024" at Lucid's production facility in Casa Grande, Arizona. The first deliveries will probably begin in 2025. By the time Lucid Gravity arrives, the market segment will be highly contested, while the volumes will not be very high. Could Lucid succeed in such a harsh environment, considering its financial woes?
The development of the Gravity SUV is in full swing, and Lucid hasn't been shy about showing the upcoming EV in its full glory. Not only did the testing prototypes have almost no camouflage, but they also bore a ten-inch inscription telling everyone the model's name. Unlike other carmakers, which try to hide everything, Lucid proudly offered its social media handles so that people learn more about the intriguing car. Part minivan, part SUV, the Lucid Gravity follows the latest trend in the luxury crossover segment, pioneered in Europe by the Renault Espace.
The Lucid Gravity is a seven-seater that promises to offer the driving dynamics of a sportscar and a longer driving range than any other electric SUV on the market. The Tesla Model X is currently the longest-range three-row electric SUV, with 348 miles (560 km). Rumor has it that Lucid will aim for more than 400 miles (640 km), which will be quite an achievement. I'm still unsure if this will remain true in 2025 when it will start deliveries. After all, the Cadillac Escalade IQ will be unveiled with Ultium technology on August 9, and efficiency and battery tech evolve at a fast pace.
Driving efficiency is Lucid's best bet, as the startup is the maker of the most efficient EV today. The Gravity SUV is built on the same Lucid Electric Advanced Platform (LEAP) architecture as the Air. It should benefit significantly from technological advancements since the sedan was developed. The Air Grand Touring offers an efficiency of 4.6 miles per kWh, but Gravity is a heavy SUV with less efficient aerodynamics.
Lucid Gravity will offer a new space concept, allowing the occupants to arrange the seats as they see fit. The system will provide flexible seating for five, six, or seven adults in two- and three-row seating configurations. Gravity will also feature what Lucid refers to as "new Glass Cockpit high-resolution displays powered by the next generation of Lucid UX."
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